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steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it even though i grew up in minnesota. >> steve: it is winter and it was not cold we would be in trouble. >> brian: we have bad news. >> gretchen: we have a fox news alert. while you were sleeping a magnitude earthquake hit japan and triggered a suence - tunce tsun ami. >> and day after two hunters found two bodies can doysens of people held a vigil to remember elizabeth collins and lyric cook . >> this time the law enforcement is confident based on the investigation that the bodies found yesterday are those of lyric cook and elizabeth collins. >> gretchen: a positive id will be made by the medical examiner. more importantly how did they die? they are accused of aiding terrorist and planning weapons of mass destruction and they will come face to face with a judge in florida. they were both from pakistan . they planned an attack with weapons of mass destruction. prince charles is speaking
steve, i have gloves. >> steve: they would match your outfit. >> gretchen: i know. >> steve: you just want to share. it is the season for sharing. >> gretchen: i am a wimp with the gold. i don't like it even though i grew up in minnesota. >> steve: it is winter and it was not cold we would be in trouble. >> brian: we have bad news. >> gretchen: we have a fox news alert. while you were sleeping a magnitude earthquake hit japan and triggered a suence -...
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>> pelley: steve hartman proves that he does "on the road". >> merry christmas! captioning sponsored by cbs pelley. this is the "cbs evening news" with scott pelley. >> pelley: good evening. erspelley: good evening. when the supreme court alters ed icourse of the nation, names are etched in history. ralessy v. ferguson" endorsed inial segregation; "brown v. board of education" ended it in hat ation. today we learned that the next name to make civil rights history may be "hollingsworth v. willy." her court said it will hear the case which could decide whether same-sex couples have a constitutional right to marry. the case centers on a ban on 20me-sex marriage that was passed by california voters in 2008. john blackstone has our lead from san francisco. >> reporter: for five months in 2008, same-sex couples in california could marry legally. then voters passed proposition 8 banning same-sex marriage. when gay couples challenged prop 8, both the state supreme court and the federal ninth circuit court of appeals ruled that banning same-sex marriage is unconstitutiona
>> pelley: steve hartman proves that he does "on the road". >> merry christmas! captioning sponsored by cbs pelley. this is the "cbs evening news" with scott pelley. >> pelley: good evening. erspelley: good evening. when the supreme court alters ed icourse of the nation, names are etched in history. ralessy v. ferguson" endorsed inial segregation; "brown v. board of education" ended it in hat ation. today we learned that the next name to make...
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megyn: steve harrigan, thank you. images of the man's final moments alive sparked a nationwide debate on morals and ethics. as we learned more than a dozen people witnessed the altercation between the two men and that no one stepped in to help. when one of the men was pushed by the other on the subway tracks and was killed. why? dr. keith ablow is here. one of the largest teachers unions come under fire. some call this vicious and vile class warfare. you can see what is happening in this clip. that debate is also next. >> the people of this land called his paying taxes. everyone pays what they could afford. the people in the middle in the middle amount of the rich people 1%. over time rich people decided they weren't rich enough, so they came up with ways to get richer. the first way was to do tax cuts. fewer services for everyone and they said why should i care about others i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at
megyn: steve harrigan, thank you. images of the man's final moments alive sparked a nationwide debate on morals and ethics. as we learned more than a dozen people witnessed the altercation between the two men and that no one stepped in to help. when one of the men was pushed by the other on the subway tracks and was killed. why? dr. keith ablow is here. one of the largest teachers unions come under fire. some call this vicious and vile class warfare. you can see what is happening in this clip....
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steve forbes saying fight, fight. pressure the president. then you have democrats, labor unio unions, the aarp saying we don't need to think about raising the retirement age. every time you have a short term play special interest dig in. until they erase the trust deficit, every time they do it incrementally they make it harder to do the big stuff. >> notwithstanding the problems in this conversation and notwithstanding problems from washington, there is some economic renaissance that's brewing under the surface here. we have an energy boom going on, low energy prices. we have manufacturing output increasing in this country. we have the housing boom with low interest rates to stay for a couple of yearses. is there enough that could happen that could offset what's going on in washington? can we grow our way out of this? >> we can't ignore them. if they blow it, there is nothing we can do. the risks are becoming more balanced where things like the housing recovery, consumer debt coming down are starting to offer the possibility where growth mi
steve forbes saying fight, fight. pressure the president. then you have democrats, labor unio unions, the aarp saying we don't need to think about raising the retirement age. every time you have a short term play special interest dig in. until they erase the trust deficit, every time they do it incrementally they make it harder to do the big stuff. >> notwithstanding the problems in this conversation and notwithstanding problems from washington, there is some economic renaissance that's...
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back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> welcome back. you just heard from timothy geithner. did the exclusive interview you just saw move the needle in terms of the fiscal cliff being any clo
back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations...
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joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its book and it will now purchase 40 billion more a month. that is fancy way of saying what we're doing right now, melissa, we're monetizing our debt. melissa: yeah. >> treasury department is issuing the debt and federal reserve is purchasing the debt and purchases that debt by printing money. melissa: nariman, a lot of people expected before the announcement today they would say they're backing off. instead they said they will target the unemployment rate, you know as if this would give them license to go on morph longer. were you surprised and do you think it's a good idea? do you think steve is right that we're just mon
joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its...
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today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure out what the effect would be. my second question would be, back in '08 when the president was debating hillary clinton accepted the concept that every time we've raised capital gains tax, the receipts from that have gone down. every time we've lowered it, they've gone up. he accepted that. i want to know if his opinion is modified or is he considering laying off tax and business investment for fear that it will give us less of it. >> two very interesting questions there about what effect a change in taxes does to behavior. i think you can't deny the fact that it does change behav
today as steve will be, what would your first question to him be? >> my questions would be about dividends and capital gains as they're market related. with the dividends we've seen a tremendous amount of companies bring them forward in the name of tax avoidance. in both france and england we've seen a tremendous amount of steps taken for tax avoidance when they hire -- >> people leave. >> my only question, there have been studies done on that in the united states to figure...
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steve martin's kid. a simple -- >> so steve? >> should i start now? >> hector alizondo. >> pretty woman. >> there you go. >> richard gere. >> crist american league? >> moving on. i told you the weak link. >> i don't have a lot of time. >> as we discussed, not everyone is into sending out photos of themselves. this is something i can get behind. the vatican released this picture of pope benedict with his first series of tweets. we made it a caption contest where jennifer dropped this gem. how do i find angry birds? can you do better? we want to know. send that to us on facebook.com. we say the real world, tell a friend. the holidays are all about family. up next, the new research on the most important relationship. we are talking in-laws and public enemy. that led to a rap that just got inducted into the hall of fame. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want
steve martin's kid. a simple -- >> so steve? >> should i start now? >> hector alizondo. >> pretty woman. >> there you go. >> richard gere. >> crist american league? >> moving on. i told you the weak link. >> i don't have a lot of time. >> as we discussed, not everyone is into sending out photos of themselves. this is something i can get behind. the vatican released this picture of pope benedict with his first series of tweets. we made...
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here's the part that i would say. >> all about steve. he always does this. >> there's an ainner torment aaspect to this, too. you say 50% don't gossip here. do i talk about people behind their backs sometimes? sure. do i hear something skur lus about something and mentioned it to others. >> what have you heard about s.e.? she's not here. >> the catholic in me hates me for that. i feel so guilty for doing that. i feel so terrible. it's it's a terrible, horrible thing and i will spend time in hell for it. it doesn't -- >> toure makes up for you. >> it's a good thing for -- >> i'm going to listen to god over the daily mail. >> don't worry about it, steve. toure has it covered. he takes up 90% of the gossip. >> been here 10 minutes and you make fun of me? >> this is what i tell st. peter. >> toure told me it's okay. >> all right. glad we solved that. up next fascinating "new york times" magazine story about the island where people forget to die. you'll want to hear about this one to be sure. wasn't my daughter's black bean soup spectacular?
here's the part that i would say. >> all about steve. he always does this. >> there's an ainner torment aaspect to this, too. you say 50% don't gossip here. do i talk about people behind their backs sometimes? sure. do i hear something skur lus about something and mentioned it to others. >> what have you heard about s.e.? she's not here. >> the catholic in me hates me for that. i feel so guilty for doing that. i feel so terrible. it's it's a terrible, horrible thing and...
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. >> i'm steve kornacki. i'm a resident party animal. you haven't seen the pictures of the 2002 massachusetts gubernatorial debate watch party. >> what? >> we stand corrected. it's always a party here in "the cycle." >>> developing news this hour. protesters rae main out of michigan's capitol building urging the governor not to sign right to work legislation and barring them from requiring workers to pay union dues as a condition of employment. the state house passed both bills today dealing with private and public sector unions. protesters were shouting "shame on you" from the gallery. michael moore said they're up to 15,000 people at the protest. state senate passed both bills last week and now michigan governor rick snyder says he'll sign them as early as tomorrow. nbc's ron mott is there. what's the latest? >> reporter: hey there, good day to you. i'm not sure about 15,000 number but there are still a lot of folks here. most of them have probably started making their away from the state capitol because the measures here to protest ha
. >> i'm steve kornacki. i'm a resident party animal. you haven't seen the pictures of the 2002 massachusetts gubernatorial debate watch party. >> what? >> we stand corrected. it's always a party here in "the cycle." >>> developing news this hour. protesters rae main out of michigan's capitol building urging the governor not to sign right to work legislation and barring them from requiring workers to pay union dues as a condition of employment. the state...
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this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will be at 3.8 trillion if we do go at this pace for a full year here. the precrisis level is $800 billion. i want it put it another way, tyler. increase the balance sheet from '09 to '12 by a trillion dollars. we will do that in one year. aggressive policy from the fed. unaggressive as tyler mentioned the idea of using economic targets for funds rate. we know they were talking about it. we know there was support. we didn't think the federal reserve had unanimity enough to do this. only jeff lacker from richmond fed gave incentive this time around. there is a bit of confusion as i head this statement. t
this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will...
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comedian steve colbert of south carolina is ready to replace senator jim demint. oh, are you, now? his publicist in an e-mail saying "stephen is honored by the ground swell of support from the palmetto state and looks forward to governor haley's called." >>> some conservatives are having emotional debates over the fiscal cliff negotiations. the arguments for higher taxes for the wealthy are getting very tense. ann coulter even tried a reality check on sean hannity. >> are you saying, then, for pr purposes, that they should give in to obama on the tax rate? >> not exactly. well, yeah, i guess i am, but -- >> you're saying capitulate to obama, who -- we don't have a revenue problem, ann. >> we lost the election, sean. >>> meanwhile, the house of representatives passed legislation yesterday removing the word lunatic from all federal laws. it's the latest move by congress to remove language seen as demeaning or out of date, like lunatic. >>> and in australia, prime minister julia gillard talked about the supposed prediction by the mayan calendar that the end of the world is coming in t
comedian steve colbert of south carolina is ready to replace senator jim demint. oh, are you, now? his publicist in an e-mail saying "stephen is honored by the ground swell of support from the palmetto state and looks forward to governor haley's called." >>> some conservatives are having emotional debates over the fiscal cliff negotiations. the arguments for higher taxes for the wealthy are getting very tense. ann coulter even tried a reality check on sean hannity. >>...
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with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth right now. and if i were a major league team, i would pass on josh hamilton in a new york second because the guy phoned it in when his team needed him the most. there's an attitude problem. and yet he could be such a huge payoff. are the red sox looking at josh hamilton? >> i think any team that's looking at hamilton is looking at no longer than three years with him because of the things you just mentioned. >> he, of course, had an addiction problem, a terrible addiction problem. he got passed -- it was an inspiring story, but he seemed to fall off the cliff. n
with us on set, economic analyst steve rattner. also political editor and white house correspondent for the huffington post, sam stein. andrea mitchell. and in new york, msnbc contributor, mike barnicle. and the co-anchor of "street signs," brian sullivan. we've got a lot to talk about, mike barnicle, but i saw a headline on the front page of "usa today," a tease that is very intriguing, and that is one of the greatest players in major league baseball trying to get his worth...
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david: steve joyce, choice hotels. thanks for coming in. liz: it could be a not so happy new year for investors. coming up the editor-in-chief of yes, the famed stock trader as almanac tells us why. david: it has been a not so happy couple of months for apple but the stock is up a little bit today after falling more than 6% yesterday. we have the senior equity analyst at "morningstar" who sees a buying opportunity. he will tell you why coming next trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly oine in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#1-800-345-25 rat
david: steve joyce, choice hotels. thanks for coming in. liz: it could be a not so happy new year for investors. coming up the editor-in-chief of yes, the famed stock trader as almanac tells us why. david: it has been a not so happy couple of months for apple but the stock is up a little bit today after falling more than 6% yesterday. we have the senior equity analyst at "morningstar" who sees a buying opportunity. he will tell you why coming next trade in hong kong. tdd#:...
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. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul ryan of wisconsin appearing together last night at the jack kemp foundation awards dinner in washington, trying to rebrand themselves and their party after a bruising setback in november. cnn political editor paul steinhauser live from washington this morning. paul ryan got hammered during the election. is he dialing back the rhetoric now? >> this was ryan's first speech since the election. both he and rubio seemed to be talking about how the republican party needs to be a party that's more inclusive, helping those in the lower associatio economic levels to ri
. >>> and ashton kutcher has steve jobs. we have the first official picture from the set of the much anticipated movie. take a look at it right there. they look-alike, don't they? when you put those pictures side by side it's pretty amazing. we'll have the full story coming up. welcome back to "early start." i'm zoraida sambolin. >> and i'm christine romans in for john berman. there are new faces of the republican party, florida senator marco rubio and congressman paul...
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>> steve, i like the humor around the group, and i think it's a slightly schizophrenic time. i think one can be deeply worried about the compression of growth, the collapse of inflation, and the possible revival of 1930s style policies around the world. that's deeply worrying. on the other hand, i think there is some space to be slightly optimistic that we're opening up opportunities for what i call a pivot to inhe flags both here in the united states and around the world. >> this is just around the corner, and it's going to destroy the economy and inflation has not ticked up. it's been low for the past few years. you say maybe a little inflation wouldn't be bad for the economy right here. kind of a counterintuitive argument to make. can you lay that case out a little bit? >> yeah. the big concern when you have a heavily indekted economy here in the united states and around the developed world the last thing you want is deflation, because that means the debt burdens get heavier and it becomes harder to pay them off. what you want essentially is some inflation. not high inflat
>> steve, i like the humor around the group, and i think it's a slightly schizophrenic time. i think one can be deeply worried about the compression of growth, the collapse of inflation, and the possible revival of 1930s style policies around the world. that's deeply worrying. on the other hand, i think there is some space to be slightly optimistic that we're opening up opportunities for what i call a pivot to inhe flags both here in the united states and around the world. >> this...
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, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly underst f understaffed. in 4 1/2 months, she's turned around the psychology at yahoo!. if you talk to people at yahoo! finance, which we do, the psychology within the company has turned around. plus, you've got dan, david and tiger in the stock. goldman out with a recommendation, a target of 24. i would actually buy it under 19, i wouldn't exit the trade if i was an investor. we're talking about investments here, 24 is not going to happen overnight. >> okay, mark, going to leave it there. thank you for coming by. >>> coming up next, a closer look at why insiders are kicking their stocks to the curb and whether you should be following their lead. >>> and later, will the fiscal cliff be the grinch that stole chris has? we're doing some on the ground research to find out how shoppers are dealing with washington grid lock. stay tuned. [ male
, a pick of steve's for a long time. >> i like it for some of the same reasons. but the key here is they are hiring engineers. they bought on the air and the reason is they know these engineers from google. they've been terribly underst f understaffed. in 4 1/2 months, she's turned around the psychology at yahoo!. if you talk to people at yahoo! finance, which we do, the psychology within the company has turned around. plus, you've got dan, david and tiger in the stock. goldman out with a...
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. >> dana: so in 2009, the film-maker dan hayes who is the brother of our , cocontributor steve hayes, fox news and "weekly standard," figured out somebody has to capture the memories. honor flight is a great program started by joe dean, ibm executive. he heard about this and what they do is go to a city like chicago and they will find as many world warii veterans as they can and do an all expense trip, day trip to d.c. and they come and get to come and see the memorial. a lot of people can volunteer to do it. i am so excited. i have been waiting for the movie for two years. bob, you have seen the veterans in washington as well. >> bob: first, disappointed about taking so long to get the world war ii monument up. it was a big debate going on. i don't know why. it's such a beautiful thing first of all to see it. to see the guys coming. let's remember now, i don't think anybody is a world war ii veteran is less than 80 years old. if you think about it, if you were 16, 17 in 1941. so we are losing these people at a rapid rate. thought they could finally come and see the honor that they d
. >> dana: so in 2009, the film-maker dan hayes who is the brother of our , cocontributor steve hayes, fox news and "weekly standard," figured out somebody has to capture the memories. honor flight is a great program started by joe dean, ibm executive. he heard about this and what they do is go to a city like chicago and they will find as many world warii veterans as they can and do an all expense trip, day trip to d.c. and they come and get to come and see the memorial. a lot...
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. >> steve: bob massi, thank you very much. >> thank you, steve. >> steve: all right. if you have questions, log on to our web site. they voted to support president obama. now they say the president owes us here in detroit. >> he went to washington, d.c., he came back home with some bacon. that's what you do. that's what you do. >> steve: should the president really consider giving money as a thank you for the votes in the detroit area? we're going to talk about that. and take a look at these guys, they got high, went for a drive. so what's the plan to keep roads safe now that marijuana is legal in a couple of states? don't ask the government. they haven't figured it o yet. so for now, is your road safety at risk begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. yep. the longer you stay with us, the more you save. and when you switch fro
. >> steve: bob massi, thank you very much. >> thank you, steve. >> steve: all right. if you have questions, log on to our web site. they voted to support president obama. now they say the president owes us here in detroit. >> he went to washington, d.c., he came back home with some bacon. that's what you do. that's what you do. >> steve: should the president really consider giving money as a thank you for the votes in the detroit area? we're going to talk about...
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steve sanchez where are you from? >> richmond, california. >> i know it hasn't been a stellar season at 3-9. what do you anticipate tonight? >> i'm looking for a beatdown one way or another. hopefully. we're black hole until we die so we need to stop the run, stop the pass, we need to do something. >> reporter: what do you think about lawrence karnow's weather forecast? >> hey, i love the weather so far. it's looking good. i see blue skies coming. going to be a beautiful night. >> reporter: in fact, we have your raider nation forecast. as the raters play host to the denver broncos kick off at 5:00 tonight. the clouds are breaking unfortunately. we're anticipating no rain for the first time in seven days in this forecast. the clouds are breaking up. we are also forecasting -- >> whoo! >> -- a big raider nation win tonight. i know lawrence karnow one of the biggest raider fans had town is happy to see that. lawrence, there's a little guy right here who is kind of excited to meet you. >> hi there! how are you doing! > >>
steve sanchez where are you from? >> richmond, california. >> i know it hasn't been a stellar season at 3-9. what do you anticipate tonight? >> i'm looking for a beatdown one way or another. hopefully. we're black hole until we die so we need to stop the run, stop the pass, we need to do something. >> reporter: what do you think about lawrence karnow's weather forecast? >> hey, i love the weather so far. it's looking good. i see blue skies coming. going to be a...
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steve said it best from the outset. if the president does not get off to the right start here, it makes it incredibly difficult, if not at a minimum, complicated, to get the rest of his agenda through, not to mention all the foreign policy challenges that will be the backdrop. steve indicated this is the most important thing that will be done. he's likely right unless there's something that we don't want to at all think about or foresee for the next few years, so you have to get this right or get it done to get to the next step. >> but on the specifics of it, steve, why should we be optimistic? who's going to move from their position, and why would they? >> the reasons to be optimistic, you have two prose prose propos table that are robust. the president's made important concessions on revenues. the democrats have made concessions on addressing entitlements, not insufficient for the other one, and what we're fighting over now is this issue of tax rates. and the republicans do have to give on tax rates. it's going to be
steve said it best from the outset. if the president does not get off to the right start here, it makes it incredibly difficult, if not at a minimum, complicated, to get the rest of his agenda through, not to mention all the foreign policy challenges that will be the backdrop. steve indicated this is the most important thing that will be done. he's likely right unless there's something that we don't want to at all think about or foresee for the next few years, so you have to get this right or...
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steve rattner has charts. looking at how much the budget cuts being considered now on capitol hill will impact retirees in the future. so steve, explain. where do you want to begin? >> well, first, as we've been discussing for the last hour and a half, nobody knows exactly what's going to happen in washington yet. so these are all kind of hypotheticals. >> but we talked about raising the eligibility age for medicare. >> there are a couple ideas floating around what's going to give you a sense of what's going to happen. for political reasons, everybody's talking about phasing these things in slowly. it's unlikely we're going to wake up -- >> no. it's not going to be today. >> let's start with raising the medicare eligibility age. this is something that's been much discussed. it is said president obama would probably go from 65 to 67 and be phased in over a period of years. so what happens is people 65 to 67 are going to either going to have to work longer or get their own private insurance. and we can now look
steve rattner has charts. looking at how much the budget cuts being considered now on capitol hill will impact retirees in the future. so steve, explain. where do you want to begin? >> well, first, as we've been discussing for the last hour and a half, nobody knows exactly what's going to happen in washington yet. so these are all kind of hypotheticals. >> but we talked about raising the eligibility age for medicare. >> there are a couple ideas floating around what's going to...
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. >>> up next, steve and i have gotten a lot of feedback on our debate over gun control monday. his response to your responses is next. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. gas-x is designed to relieve gas. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. >>> we got a lot of feedback for something i said in the show, so much i thought i should respond to it. the subject was guns and domestic violence and here's what i said. >> in a house with a gun, a domestic disturbance
. >>> up next, steve and i have gotten a lot of feedback on our debate over gun control monday. his response to your responses is next. wasn't my daughter's black bean soup spectacular? [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. gas-x is designed to relieve gas. social security are just numbers thinkin a budget.d... well, we worked hard...
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>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier talk being how yesterday some guy from a union socked him. >> i have never seen an angry mob filled with vitriolic hatred and i want to be clear. i did go in and provoke these people. i tried to provoke rational thought. i tried to provoke civil debate. i tried to then request they stop destroying private property and tearing down and trampling a tents with women and old people in it. then afterwards, a group of us did try and peel them off the tent as they were collapsing it upon women's heads beneath them, which of course, makes m
>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier...
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>> well, i would actually say to steve the fourth, and that's the secretary of state position is actually softened hillary clinton. she's been made accessible and precisely because of the work she's done with women and children but also she's been able to demonstrate her tenacity but also her leadership on a global level where it's no longer is she part of the bill and hillary team now, but every time someone mentions clinton you first think of hillary and then think of bill. that demonstrates not only has she been able to become more accessible, but more importantly she's been fierce all on her own as a leader. >> jonathan, let me play with james carville said about a possible hillary clinton candidacy. take a listen. >> every democrat i know says, god, i hope she runs, we don't need a primary. the democrats want her to run. i don't mean a lot of democrats, i mean a whole lot of democrats, like 90% across the country. >> okay, john. so when you look at the roster of likely gop candidates from bobby jindal, rick santorum possibly, chris christie, marco rubio, would any of them be able to
>> well, i would actually say to steve the fourth, and that's the secretary of state position is actually softened hillary clinton. she's been made accessible and precisely because of the work she's done with women and children but also she's been able to demonstrate her tenacity but also her leadership on a global level where it's no longer is she part of the bill and hillary team now, but every time someone mentions clinton you first think of hillary and then think of bill. that...
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steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious of videos. a serious of videos where this same sentiment has been expressed t happened in the 2008 republican national convention. what i learned working undercover with the fbi was that these groups oftentimes are supported by the moderate left of center groups. and they are oftentimes protected by them in the media after they get caught by law enforcement. >> that's a fascinating thing, steve, because remember we had the guy deaf -- deficating on the police car and a rape tent set up for women because of the rapes taking place, and it was a really radical movement. we saw violence in cities across america
steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious...
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steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't get no satisfaction today chuck lavelle, small business optimism plunging, election, storm sandy adding to fiscal cliff worries. joining us special guest chuck labelle, the keyboardist for rolling stones if you don't know. co-founder of mother nature network which just merged with discovery and author of a book, growing a better america. since woodall rodgers a business network, i have to ask you, you're a businessman. does this fiscal cliff stuff worry you and the prospect of higher taxes worry you? what do you think? >> i think it worries all of us, d
steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't...
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. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he always said he was going to be a two-term senator. had he a term less. he left early. he wasn't going to be a career politician. i think this makes a lot of sense for senator demint in a lot of ways and i think it's good for the conservative movement. >> he has supported candidates against more moderate republicans in primaries and then his candidate lost in the general election, including obviously richard mourdock in indiana, christine o'donnell, ken buck in colorado. what do you think is going to be the influence now for jim demint going into the heritage foundation? >> i think he's been a singular failure when you look at the can
. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he...
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is that the same as product genius and marketing genius that steve jobs had? we'll have to evaluate that over the next year. he has taken apple to be the largest listed market capitalization company on any u.s. exchange. now we'll see what he can do over the next 12 months or 14 months to find new markets and to continue growth. >> all right. colin, thank you for phoning in. >> euro retreating from a seven-week high against the dollar on poor demand for spanish bond auction today and indeed it must be said weaker than eurozone retail sales figures. andy, welcome. where does the euro go from here? >> hi, simon. there's a couple things that make me worried about the euro today. we made a higher high and are making a lower close. as we get into this week, we have only one more week before things turn over as far as risk goes in the financial markets. i'm worried about the fiscal cliff, yes. negotiations look ugly. also i'm worried about u.s. stocks once they start to go ex-dividend and costco and disney on december 10th will be poster children for what happens to
is that the same as product genius and marketing genius that steve jobs had? we'll have to evaluate that over the next year. he has taken apple to be the largest listed market capitalization company on any u.s. exchange. now we'll see what he can do over the next 12 months or 14 months to find new markets and to continue growth. >> all right. colin, thank you for phoning in. >> euro retreating from a seven-week high against the dollar on poor demand for spanish bond auction today...
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joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you have conservatives like john roberts, who maybe sort of a fiscal conservative and vote in support of something like citizens united, but socially does not seem to be as conservative as, say, scalia. that they would be looking at the ark of history and say they are ready to make this law of the land. your intripgs now three days after they announced? are you feeling bullish or bearish? i asked you this on friday. i ask again. >> i'll bullish. i think the court wants to get in front of history and behind it. it is so clear where the country is moving. there is a poll this morning that s
joining us now to discuss is steve, chair of the gay and lesbian victory fund. great to have you. >> nice to be here, alex. s. >> so a lot of tea leaf read and arm chair prognostication around this. i am by no means a supreme court expert, but when i saw that they were taking up both doma and prop 8, question as to whether they would take up inform i them at all, it seemed to me a signal that the court was ready to make a big decision, and i just cannot imagine, especially when you...
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we saw the live scenes with steve harrigan. since mohamed morsi, the president there assumed near absolute powers through a constitutional move. he and the muslim brotherhood have been doing things that have a lot of people concerned in terms of ramming through a very controversial new constitution that the people have been very unhappy about. what's going on there. come back home now for a moment and take a look at the latest numbers we have got on the u.s. economy. the weekly unemployment numbers came in as they do every thursday. the labor department reported 370,000 americans filed for first-time unemployment claims. either way, either way, folks, your taxes will go up despite the haggling going on on capitol hill. you will be paying more to the u.s. government. stuart varney joins me now. so, stuart, that's the bottom line. this is what people i think across the country are starting to realize no matter what they negotiate, 2013 will be different for most of us. >> this is the untold tax story. everybody has been concentra
we saw the live scenes with steve harrigan. since mohamed morsi, the president there assumed near absolute powers through a constitutional move. he and the muslim brotherhood have been doing things that have a lot of people concerned in terms of ramming through a very controversial new constitution that the people have been very unhappy about. what's going on there. come back home now for a moment and take a look at the latest numbers we have got on the u.s. economy. the weekly unemployment...
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>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be millions of children this year will wake up without toys. we want everybody to get toys. >> brian: more fox friends friends in two minutes. >> more "fox & friends" in two minutes. >> brian: he knows um... uh... . . umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon.
>> steve: wait a minute. >> watch out, baby. >> steve: wait, i'm the hoop? this is not going to end well. >> gretchen: oh, my gosh. there goes our window. >> steve: you missed by that much. >> brian: i can't believe it. >> gretchen: fry again, brian. >> steve: so what time are you going shopping if people want to see you at toys r us? >> i'm going will now. if you can't show up, i urge to you donate. again, 'cause remember, it will be...
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at the beginning of 2009, he sat down with steve kroft for his first television interview. >> kroft: until the end of 2008, harry markopolos was an obscure financial analyst and mildly eccentric fraud investigator from boston who most people would never notice on the street. >> my modern greek hero. how you doing? >> kroft: but today he enjoys an almost heroic status, pursued by journalists and movie producers and honored by colleagues as the man who went to the securities and exchange commission and blew the whistle on bernie madoff and his $50 billion fraud. >> (blows whistle) thank you. thank you. please take your seats. >> kroft: but he seems uncomfortable with all the attention, and knows that he is no hero. >> i stand before you a $50 billion failure. (laughter) >> kroft: how many times did you send material to the sec? >> may 2000, october 2001, october, november, and december of 2005, then again june 2007, and finally april 2008. >> kroft: hmm. >> so five separate sec submissions. >> kroft: and in spite of all of the things that you did, it still ended up in disaster. >> ther
at the beginning of 2009, he sat down with steve kroft for his first television interview. >> kroft: until the end of 2008, harry markopolos was an obscure financial analyst and mildly eccentric fraud investigator from boston who most people would never notice on the street. >> my modern greek hero. how you doing? >> kroft: but today he enjoys an almost heroic status, pursued by journalists and movie producers and honored by colleagues as the man who went to the securities and...
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what happened. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the mke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. david: what a strange day. some are way up, some are way down. shares of verifone systems are getting a boost. nicole with more on that. nicole: some stocks jumping, this is a day that verifone is jumping. take a look at the stock right now, a gain of 7.5%. an upgrade from a neutral setting the emerging competition that everybody is worried about is overdone. his growth story is impacted. when they get lake square for example, they are not worried about them at all. with the story they have a price target of $39, which obviously has upside potential closing around 32.5. david: very goo
what happened. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the mke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. david: what a strange day....
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melissa: steve ridgeway, thank you so much. lori: thank you, sir. >> thank you. lori: adam shapiro has been all over this story all morning long. joining us with the very latest in the ongoing news conference. melissa: and take a look at where metals are as we head out to break. gold trading down $5. silver getting hit the hardest. we will be right back. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the misize price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. melissa: breaking news right now. the justice department announcing hsbc will pay a whopping $1.9 billion to s
melissa: steve ridgeway, thank you so much. lori: thank you, sir. >> thank you. lori: adam shapiro has been all over this story all morning long. joining us with the very latest in the ongoing news conference. melissa: and take a look at where metals are as we head out to break. gold trading down $5. silver getting hit the hardest. we will be right back. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh......
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>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's wanted in belize, a country, for questioning about the murder of his neighbor. >> gretchen: he's been serving up lunch for five years, but it only took minutes for union workers in lansing, michigan, to completely destroy his famous hot dog cart. clinton's cart was inside the americans for prosperity tent and that is the same one that workers violently tore down on the capitol lawn as they protested the right to work law. there is good news here. people are now pitching in to help him out. so far they've raised $14,000 to get his
>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's...
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. >> eric: thank you, steve. get out of here. get the studio back. >> fine. >> throw another log on. ♪ ♪ >> andrea: was up with of the wise men dr. manny with the beard? looks just like him! >> you are okay with the baby? you said you played baby jesus in the manger. >> bob: yeah. >> eric: broke the manger. >> greg: can i point something out, i was on the first fox and friends christmas special and they edited me out. because i was horrible. i will never do holiday specials because i hate them. anyway -- >> dana: you were good at the one we tried to do the other day. >> greg: thank you. this is my bus. my bus. which means the bus tour is back on december 15. through december 17. saturday and monday i'll be in texas, oklahoma, louisiana. if you want to find out more about it go to ggri ggetfeld.co. i'll be at the bookstores signing books. >> eric: "new york times" best seller list, people. don't forget. >> dana: big news today. jim demint of south carolina made a big announcement. he recently won in 2011. and he will be leavin
. >> eric: thank you, steve. get out of here. get the studio back. >> fine. >> throw another log on. ♪ ♪ >> andrea: was up with of the wise men dr. manny with the beard? looks just like him! >> you are okay with the baby? you said you played baby jesus in the manger. >> bob: yeah. >> eric: broke the manger. >> greg: can i point something out, i was on the first fox and friends christmas special and they edited me out. because i was horrible. i...
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. >> sergeant steve dilorenzo of the new south wales police department is the first officer to arrive on scene. >> i saw there was a man with a high caliber semiautomatic pistol. several hostages were screaming. >> the sergeant is armed with a taser gun. >> it carries a camera on the front of it. it films the person who was going to be tasered. i came up on his blind side. it went towards the center of his body. the taser landed on a zipper, and he wasn't shocked by the weapon. i kept coming towards him thinking the weapon had worked, and he pointed his firearm at my head and fired two shots straight directly at my head. you can see him firing point-blank. >> a lot of noise. a lot of flashing. it's all sort of blurry because it happened so quickly. >> a fellow officer lends him a weapon and a bullet proof vest. a fast and furious gun battle breaks out. >> i decided that i would shoot him in the lower leg, dropping him to the ground, rendering him immobile, and then rush at him and shoot him point-blank in the stomach area. >> but the gunman isn't going down without a fight. he shoots
. >> sergeant steve dilorenzo of the new south wales police department is the first officer to arrive on scene. >> i saw there was a man with a high caliber semiautomatic pistol. several hostages were screaming. >> the sergeant is armed with a taser gun. >> it carries a camera on the front of it. it films the person who was going to be tasered. i came up on his blind side. it went towards the center of his body. the taser landed on a zipper, and he wasn't shocked by the...
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in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is bringing a lot of production back from china, small and medium sized manufacturers are doing this. go to wal-mart and look at the house brand george, all of it's made in bangladesh, used to be in china. stuart: why is manufacturing-- for years we've said china is the manufacturing center piece of the planet. why is it leaving? >> there are so many reasons. first of all, wage rates are going up much fraster than product ticht and labor peaked political risk is not a factor and now it is, china is trying to use geopolitical leverage and risk of intellectual property loss and china is
in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is...
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Dec 12, 2012
12/12
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KPIX
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but some critics, including steve ellis of taxpayers for common sense, call it a beach bailout. >> what we need do is actually reorient the funding so that the majority of the cost is picked up by the localities rather than the federal taxpayer and when you look at sea level rise, we are in a situation where we're not going to be able to hold back the ocean with just sand anymore. >> sandy was ferocious. >> reporter: jeff davis agreed with neighbors who opposed the dunes because they restrict beach access and blocked views. what he sees today has changed his mind. >> can i put that crow down that i'm eating? ( laughs ) >> reporter: president obama has requested that congress allocate $60 million for hurricane sandy aid-- an unspecified amount will go toward rebuilding protective dunes washed away by sandy. seth doane, cbs news, long beach island, new jersey. >> pelley: there was an unusual murder yesterday in a high-rent section of new york city in broad daylight in front of hundreds of witnesses. investigators say it looks like a professional hit and there are pictures. that is the vic
but some critics, including steve ellis of taxpayers for common sense, call it a beach bailout. >> what we need do is actually reorient the funding so that the majority of the cost is picked up by the localities rather than the federal taxpayer and when you look at sea level rise, we are in a situation where we're not going to be able to hold back the ocean with just sand anymore. >> sandy was ferocious. >> reporter: jeff davis agreed with neighbors who opposed the dunes...